21 O'neil St

Investment Highlights

Business & Investment Opportunity in great location of Historic Kingston! High Visibility! Conveniently Located Close to Shops, Restaurants & Walking Distance to Rail Trail! Newly Renovated - No Expense Spared!

Executive Summary

Business and Investment Opportunity Newly Renovated Bar in a great location of Historic Kingston. This welcoming modern-style bar offers plenty of indoor/and outdoor spaces, a covered outdoor deck with additional seating, a perfect set up for large crowds with additional overflow to the expansive private backyard already set up as an inviting beer garden, and an alfresco dining experience. No expense spared on this renovation, the bar features new hardwood floors, split units for heating and cooling, on demand hot water heater, upgraded plumbing, and electric, security cameras, rough cut lumber fence and large walk in refrigerator to name a few. This trendy spot full of character is just a few steps away from the rail trail with high visibility and street traffic overflow. Large upstairs unit with separate utilities, can be used for offices or converted into apartments for higher return and upside potential. Conveniently located close to shops, restaurants, walking distance to the rail trail, Ulster Performing Arts Center, 5 minutes to (I 87) NY State Thruway, +/-2 Hours from NYC. Call Today!Dishwasher not included. Liquor License is not transferable, new owner must apply for their own license. See associated docs for more information, list of equipment, and updates. Average Monthly Utility expense during open operation was $395/month. Some equipment may not convey, please inquire with LA for more info.

• Sale Type    Investment
• Sale Condition    High Vacancy Property
• Property Type    Retail
• Property Subtype    Restaurant Restaurant General Retail Bar Restaurant
• Building Size    3,627
• Building Class    C
• Year Built/Renovated    1920/2022
• Price    725,000
• Price Per SF    200
• Tenancy    Single
• Building Height    2 Stories
• Building FAR    0.36
• Land Acres    0.23 AC